Transamerica Multi-Managed Balanced I (TBLIX)
Transamerica Multi-Managed Balanced I operates in the Asset Management industry of the Financial Services sector, headquartered in St Petersburg, FL, US. The stock last traded at $37.74, up 0.43% on the session, giving a market capitalisation of $1.52B. Its beta of 0.90 implies it has historically moved less than the broad market.
Under typical operating conditions, this fund maintains a balanced portfolio, usually committing about 60% of its total value to stock investments. The remaining approximate 40% is allocated to fixed-income instruments. A critical aspect of its strategy is that at least a quarter (25%) of the fund's overall net assets must be invested in senior fixed-income securities. These particular securities are debt obligations that hold a higher priority for repayment if the issuing company were to face bankruptcy or liquidation.
Transamerica Multi-Managed Balanced I is most often compared with the following Financial Services names: